Cytodyn Inc (CYDY)

[gestalt2]

This was many years ago, before Nader was part of the company. It was a re-formulation of the original drug, cytolin, to be used for cats with HIV. This is apparently a real thing. It was an attempt to get the drug on the market as quickly and cheaply as possible so revenue could fund the further development of cytolin for humans. It never went anywhere mostly because of lack of funds. Back then the daily volume was less the 5,000 shares traded per day. This was why i was stuck in this for so long - I could not sell without bankrupting the company. A sell order of 5,000 shares would move the SP down $.05-.10 easy.

They also were working on a bird flu vaccine, the Corona-virus PR reminded me of that. Allen (the founder of Cytodyn) was a very smart guy, unfortunately he did not have the business acumen to move forward with his drug. He passed away a couple years ago, wish he was around to see what is going on now.